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You are going to recieve $82,000 in three years from an investment you made. The appropriate annua interest is 6.5%. assume DAILY compounding. You are

You are going to recieve $82,000 in three years from an investment you made. The appropriate annua interest is 6.5%. assume DAILY compounding. image text in transcribed
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You are going to receive $82,000 in three years from an investment you made. The appropriate annual Interest rate is 6.5%. Assume de compounding a. What is the present value? (Do not round Intermediate calculations and round your answer to 2 decimal places, o.... 12.34. Use 365 days in a year) a. Present value b. What formula did you use to solve this problema? (Write the number next to the formula you would use from your formula sheet) b. Formula Number c. What is the number of periods you used in your calculation to solve a? (Write the number of periods used in your calculations, enter as a number with no decimal places, e.g. 1,234.) Number of Periods c

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